Insurance companies used to use the “Kelley Blue Book” or NADA (National Auto Dealers’ Guide) to arrive at valuations for the vehicles their insured drivers damaged or totaled. A recent trend is for insurers to search the internet and locate “similar vehicles” that are for sale.…

As an owner of a motor vehicle, you are legally qualified in Nebraska to offer an opinion regarding its value. This is true of any physical property or tangible item that you own. You cannot testify about the value of property owned by another person unless you qualify as an expert.  …

Insurance companies used to use the “Kelley Blue Book” or NADA (National Auto Dealers’ Guide) to arrive at valuations for the vehicles their insured drivers damaged or totaled. A recent trend is for insurers to search the internet and locate “similar vehicles” that are for sale.…